ES Journal Archive (2006 - 2008)

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Quote from 2006:

Good point. The market makers are always on ET seeing who's trading what and where their stops are.

They especially like the ES Journal thread.

how predictable is it that someone would post the same response you did. I bet you couldn't wait to type this.
 
Quote from 2006:

Dude -- I know it was not nice. :D

But you gotta read what your posting.

yeah, lot of stuff I post is crap, but its curve fitting...a world, it doesn't necessarily have to be true, as long as your models work. Most of science is like that, imperfect models.
 
People, check out this bozo, that piehead is an ET sponsor, phew!

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abstract explanation 'curve fitting'

Even if an exact match exists, it does not necessarily follow that we can find it. Depending on the algorithm used, we may encounter a divergent case, where the exact fit cannot be calculated, or it might take too much computer time to find the solution. Either way, you might end up having to accept an approximate solution.
 
Quote from 2006:

Good point. The market makers are always on ET seeing who's trading what and where their stops are.

They especially like the ES Journal thread.

LOL :)

Just about every trading guru out there tells the sheep to place their stops at swing lows and swing highs minus or plus one tick. It's always that one tick, as if it is some clever secret. So obvious. It's like being on the beach and wanting to go in the ocean. Yeah, put your wallet at the toe of your shoe. Sure, no thief would EVER look in there!

You can just see the stops get picked off, a tick (or sometimes two or three) north of resistance and south of support. You just know there is some hot head trader out there (probably looking somewhat like Jim Cramer) getting p'ed off, banging his keyboard into oblivion, throwing his monitor to the floor, and then cussing about how "they"--the f'ckers--are trying to screw with him. Actually, there are probably hundreds or more just like him. You can see it in the one-minute volume bars. If you use your imagination, you can almost visualize their reaction.

Well, of course "they" are trying to screw with you. "They"--other traders--are trying to screw with everyone else. It's just easy when you put your stops right where we all can see them.
 
Quote from satchel:

You were posting charts showing down, but talking up. I was confused. Is this normal here. But then no wackier than the old YM Traders thread. :D



YM traders are nutcases, the only sane ones switch to ES from the retail playground to pick the big boys pockets.



:D
 
Quote from Spectre2007:

the market makers like to fuck with posted stops, while they may think they are running my stops, they are running up my profits.




What ES are you trading where there are mm's ?

:confused:
 
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